NOT LISTED FOR SALE

342 Main St Gorham, ME 04038

Estimated Value: $450,000 - $521,000

3 Beds
2 Baths
1,541 Sq Ft
$315/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $265,000 $172 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,042/month

28 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • No HOA
  • Narragansett Elementary School Rated A-
  • 1 Fireplace
  • Hot Water Heating System

About This Home

As of August 2018

3 BR 2 Bath ranch with loads of character. Mudroom with Laundry room and attached 1.5 to 2 car garage. Good size kitchen to dining room with built ins and wood floors. Large living room with wood floors and fireplace. Level lot in town with fenced yard. Move in ready. Freshly painted. Close to shopping and schools and restaurants. Convenient Gorham location.

Last Agent to Sell the Property

Anne Ross-Murray

F.O. Bailey Real Estate Listed on: 05/30/2018

Last Buyer's Agent

Peter Mason

PO-GO REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1957

Lot Details

  • 0.51 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,541 Sq Ft Home
  • 1 Fireplace
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 342mainstreetgorhamme04038

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,900

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • MLS Status: Closed
  • Directions: Route 25 from Westbrook to Gorham look for sign on right before the village.
  • Above Grade Finished Sq Ft: 1541.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1957
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.51
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1541.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Gas:Natural - On Site: Yes
  • Amenities:One-Floor Living: Yes
  • Heat Fuel:Gas Natural: Yes
  • Style:Ranch: Yes
  • Exterior:Clapboard: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Slab2: Yes
  • Kitchen Countertop:Formica: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range, Disposal, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living

Exterior Features

  • Lot Features: Level, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: 342mainstreetgorhamme04038
  • Zoning: res

Tax Info

  • Tax Annual Amount: 3900.0
  • Tax Book Number: 33295
  • Tax Lot: 3
  • Tax Map Number: 108
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Aug 28, 2018
Sold by
Duchaine Joseph
Bought by
Alkhattab Noor S and Alhamadani Layth A
Seller's Agent
Anne Ross-Murray
F.O. Bailey Real Estate
Buyer's Agent
Peter Mason
PO-GO REALTY
List Price
$319,000
Sold Price
$265,000
Premium/Discount to List
-$54,000
-16.93%
Total Days on Market
28
Current Estimated Value
$484,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,719
Avg. Annual Appreciation
9.29%
Original Mortgage
$277,000
Outstanding Balance
$255,154
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$229,565

Purchase Details

Closed on
Jul 21, 2016
Sold by
Susan Duchaine Llc
Bought by
Duchaine Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
3.45%

Purchase Details

Closed on
Aug 23, 2013
Sold by
Moore Susan W
Bought by
Ward Gordon
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alkhattab Noor S -- --
Duchaine Joseph -- --
Ward Gordon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alkhattab Noor S $277,000
Previous Owner Ward Gordon $156,500
Previous Owner Ward Gordon --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $265,000 -16.9% $172 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $319,000 -- $207 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,007 $272,600 $69,000 $203,600
2023 $3,748 $272,600 $69,000 $203,600
2022 $3,503 $272,600 $69,000 $203,600
2021 $3,257 $167,900 $75,600 $92,300
2020 $3,190 $167,900 $75,600 $92,300
2019 $3,182 $167,900 $75,600 $92,300
2018 $3,056 $167,900 $75,600 $92,300
2017 $2,871 $167,900 $75,600 $92,300
2016 $2,854 $167,900 $75,600 $92,300
2015 $2,737 $167,900 $75,600 $92,300
2014 $2,941 $169,000 $85,000 $84,000
2013 $2,924 $169,000 $85,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1353019

Maine Listings

APN: GRHM-000108-000003